As Celanese Corp. (CE) Stock Value Declined, Holder Rosenblum Silverman Sutton S F Has Lifted Its Stake; Hite Hedge Asset Management Has Trimmed Its Stake in Viper Energy Partners LP (VNOM) by $3.44 Million as Stock Value Rose

December 7, 2017 - By Richard Conner

Rosenblum Silverman Sutton S F Inc increased its stake in Celanese Corp. (CE) by 8.13% based on its latest 2017Q2 regulatory filing with the SEC. Rosenblum Silverman Sutton S F Inc bought 3,530 shares as the company’s stock declined 5.81% while stock markets rallied. The institutional investor held 46,955 shares of the major chemicals company at the end of 2017Q2, valued at $4.46M, up from 43,425 at the end of the previous reported quarter. Rosenblum Silverman Sutton S F Inc who had been investing in Celanese Corp. for a number of months, seems to be bullish on the $14.33 billion market cap company. The stock decreased 0.24% or $0.25 during the last trading session, reaching $105.61. About 1.11 million shares traded or 61.56% up from the average. Celanese Corporation (NYSE:CE) has risen 21.48% since December 7, 2016 and is uptrending. It has outperformed by 4.78% the S&P500.




Hite Hedge Asset Management Llc decreased its stake in Viper Energy Partners Lp (VNOM) by 32.58% based on its latest 2017Q2 regulatory filing with the SEC. Hite Hedge Asset Management Llc sold 229,124 shares as the company’s stock rose 2.39% with the market. The hedge fund held 474,232 shares of the oil & gas production company at the end of 2017Q2, valued at $7.45M, down from 703,356 at the end of the previous reported quarter. Hite Hedge Asset Management Llc who had been investing in Viper Energy Partners Lp for a number of months, seems to be less bullish one the $2.38B market cap company. The stock decreased 3.78% or $0.82 during the last trading session, reaching $20.89. About 356,031 shares traded or 96.64% up from the average. Viper Energy Partners LP (NASDAQ:VNOM) has declined 0.22% since December 7, 2016 and is downtrending. It has underperformed by 16.92% the S&P500.

Analysts await Viper Energy Partners LP (NASDAQ:VNOM) to report earnings on February, 13. They expect $0.28 earnings per share, up 47.37% or $0.09 from last year’s $0.19 per share. VNOM’s profit will be $31.89 million for 18.65 P/E if the $0.28 EPS becomes a reality. After $0.24 actual earnings per share reported by Viper Energy Partners LP for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Hite Hedge Asset Management Llc, which manages about $778.61M and $298.70 million US Long portfolio, upped its stake in Enbridge Energy Management L (NYSE:EEQ) by 879,777 shares to 894,555 shares, valued at $13.79M in 2017Q2, according to the filing. It also increased its holding in Global Partners Lp (NYSE:GLP) by 32,000 shares in the quarter, for a total of 653,220 shares, and has risen its stake in Enviva Partners Lp.

More notable recent Viper Energy Partners LP (NASDAQ:VNOM) news were published by: Seekingalpha.com which released: “Viper Energy Partners: Growing, Growing, Gone” on August 28, 2017, also Benzinga.com with their article: “UBS: Viper Energy Could Strike Next Year” published on December 05, 2017, Globenewswire.com published: “Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports …” on August 01, 2017. More interesting news about Viper Energy Partners LP (NASDAQ:VNOM) were released by: Seekingalpha.com and their article: “Viper Energy Partners’ (VNOM) CEO Travis Stice on Q2 2017 Results – Earnings …” published on August 05, 2017 as well as Nasdaq.com‘s news article titled: “Viper Energy Partners LP (VNOM) Ex-Dividend Date Scheduled for August 15, 2017” with publication date: August 14, 2017.

Among 14 analysts covering Viper Energy Partners (NASDAQ:VNOM), 14 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Viper Energy Partners had 33 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, January 31. The stock has “Buy” rating by Euro Pacific Capital on Thursday, September 17. Stifel Nicolaus maintained the shares of VNOM in report on Thursday, June 29 with “Buy” rating. Stifel Nicolaus maintained Viper Energy Partners LP (NASDAQ:VNOM) rating on Wednesday, August 2. Stifel Nicolaus has “Buy” rating and $2000 target. The rating was maintained by Stifel Nicolaus on Thursday, July 13 with “Buy”. Mizuho upgraded Viper Energy Partners LP (NASDAQ:VNOM) on Wednesday, August 23 to “Buy” rating. Northland Capital maintained the stock with “Buy” rating in Tuesday, September 5 report. On Monday, July 17 the stock rating was maintained by Northland Capital with “Buy”. Piper Jaffray initiated the stock with “Buy” rating in Friday, May 26 report. The company was upgraded on Tuesday, February 21 by Raymond James.

Investors sentiment increased to 1.06 in Q2 2017. Its up 0.01, from 1.05 in 2017Q1. It improved, as 41 investors sold CE shares while 138 reduced holdings. 45 funds opened positions while 145 raised stakes. 131.35 million shares or 2.33% less from 134.48 million shares in 2017Q1 were reported. Checchi Cap Advisers Ltd Liability Com holds 0.03% of its portfolio in Celanese Corporation (NYSE:CE) for 2,775 shares. Broadview Ltd Liability Corporation reported 103,800 shares. Muhlenkamp & Com owns 122,165 shares or 3.63% of their US portfolio. Mycio Wealth Prtn Limited Company reported 19,682 shares. First Manhattan holds 0% of its portfolio in Celanese Corporation (NYSE:CE) for 60 shares. Pensionfund Dsm Netherlands reported 32,000 shares. Strategic Global Limited Liability Company reported 4,288 shares. Massachusetts-based Penobscot Investment Management Inc has invested 0.26% in Celanese Corporation (NYSE:CE). Creative Planning has 0% invested in Celanese Corporation (NYSE:CE) for 915 shares. Segantii Cap Management Limited has 17,200 shares. Johnson Investment Counsel invested in 2,385 shares or 0.01% of the stock. Moreover, Aperio Group Limited Liability Corporation has 0.03% invested in Celanese Corporation (NYSE:CE) for 46,103 shares. Mirae Asset Global Investments Co Limited reported 0.04% stake. Daiwa Sb Investments Ltd holds 0.01% or 570 shares. X Mngmt Communications Limited Liability has 0.04% invested in Celanese Corporation (NYSE:CE) for 13,021 shares.

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